Davos Annual Meeting 2008 - Evaluating Financial Risk

http://www.weforum.org/annualmeeting 25.01.2008
Evaluating Financial Risk: To Whom Should Credit Go?
The continued unravelling of the global credit market is raising questions about the role of rating agencies and the need for greater transparency.

Who should oversee the rating agencies: domestic regulators or an international body? And what should this regulator regulate?

Walter B. Kielholz, Chairman of the Board of Directors, Credit Suisse, Switzerland
Malcolm Knight, General Manager and Chief Executive Officer, Bank for International Settlements (BIS), Basel
Raymond W. McDaniel Jr, Chairman and Chief Executive Officer, Moody's Corporation, USA
Guillermo Ortiz, Governor of the Central Bank of Mexico

Moderator
Maria Bartiromo, Anchor, CNBC's Closing Bell, and Host and Managing Editor, Wall Street Journal Report, CNBC, USA; Young Global Leader

Category:

News & Politics

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[trancezustand]

These Speakers are apart of a system that has the world in a very profitable and painful stranglehold. The BIS seems to be the nexus of world banking, can anyone think of an internationl institution that brings together more power? Please let me know if you do

[nathanwilefrazier]

Financial regulation tends to lag financial innovation.